Synereo's first and most well-known decentralized application is their Social Media Layer, a decentralized social media platform. This could have revolutionary applications in mainland China, where social media is heavily controlled by the government, and the Chinese cryptocurrency community has responded positively with multiple partnerships and events.

Synereo probably does have its detractors, but what we see across the alt-coin world at the moment is seemingly too large to be coincidental, and effects everybody.

The show goes on! We have neared completion of the fundraising tasks, and the funding of a fast-growing dev team will begin in earnest, and the AMPs sold will enter circulation.

Many are fortunate to take advantage of these low prices, and add to their bags.

Things will continue to be volatile until BTC settles down most likely, so it's a good time to take a step away from the internet!

You guys are doing a great job!I, like many, have complete confidence that you guys will deliver & make a success of this,Shame about the current price but all alts are taking a hit,Keep up the good work !

If I was Dor, I'd be doing a company AMP buy back right now on the open market to pick up all these cheap AMPs the saps are selling. Just take $1M out of the $4.7M and you could purchase back 9.25M AMPs which you could sell for much more later. Seriously Dor, think about it.

$2 million

You guys don't get it. This was an extremely brilliant scam orchestrated on their part. They attempted to psychologically trick the "donators" to think that the price was 50x more than this coin is worth by setting an ICO price, allowing the price on the exchanges to rise. Once ICO is over, they started dumping en masse netting them a double profit. Dor is an absolute greedy scumbag.

You guys don't get it. This was an extremely brilliant scam orchestrated on their part. They attempted to psychologically trick the "donators" to think that the price was 50x more than this coin is worth by setting an ICO price, allowing the price on the exchanges to rise. Once ICO is over, they started dumping en masse netting them a double profit. Dor is an absolute greedy scumbag.

On the first sight you could think yes, but when Synereo team really had bad intentions they would have burned the entire premine ( it would be useless when the team pulls the plug after ICO ) and they would have keeped the price on poloniex above crowdsale price during crowdsale.

Without the premine and a higher price on poloniex they would have collected much more crowdfunding funds.